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When did we start using the wording "increase spend"?
Marketing departments everywhere have been letting internal corpspeak just leak out lately. OAI's announcement shutting down Sora was similar: > To everyone who created with Sora, shared it, and built community around it: thank you "built community"?
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
Have you accounted for the dollars that are no longer re-entering the country due to boycotts or retaliatory trade policies?
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
More to the point, the notion that dollars leaving the country is a real problem is really a kind of primitive understanding of money. Dollars are something we control. If dollars leave the country, that means there is demand for dollars. We control the supply of dollars. We literally can’t lose, so long as people are still using the USD, which they’re less inclined to when we’re tariffing their exports.
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
Please provide sources for your feelings, as the facts all seem to indicate that the deficit is rising. As well as inflation. And the national debt. https://tradingeconomics.com/united-states/balance-of-trade None of his promises ever come to fruition. Stop hoping.
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
Dollars can only be created in the US by the Federal Reserve or US banks. Since the USD is the currency in which most global trade is conducted, the US MUST provide USD liquidity to the rest of the world that they can exchange between one another and the US (cf. Triffin Dilemma). If the rest of the world has no dollars, e.g. an Indonesian company cannot sell goods to an Ecuadorian company settled in USD.
The benefits of this system to the US are enormous (cf. Exorbitant Privilege) since US can print dollars out of thin air and 'give away' these bytes in a database and receive real goods in exchange. Real goods that people spent energy and expended labor for, in exchange for bytes in a DB.
If the US stopped supplying dollars to the rest of the world, it'd first spark a massive financial crisis as companies that owe USD to one another default in a chain reaction. Afterwards, an alternate to the USD would emerge as 'hard money that everyone accepts'. Candidates for this currently are limited in the space of fiat, Europe and China are net exporters so they cannot supply EUR/CNY to the rest of the world in net just like a US with trade surpluses cannot. Possibly there could be a return to precious metal backed currencies. But in any case, in such an environment, US could no longer receive goods 'for free' in exchange for bytes in a database and its life standards would greatly suffer.
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?
When did we start using the wording "increase spend"?
As much as I hate the source of the tariff policies, from an uneducated outsider PoV, they do seem to be causing fewer dollars to leave the country in imports. How does it feel from an insider perspective? Are the increased costs on imported items and dependent services worth it for a bit more local investment?